NOT LISTED FOR SALE
8 Beds
4 Baths
3,968 Sq Ft
1929 Built

Sale Details

Date Sold: August 31, 2022

Last sale price $375,000 $95 Per Sq Ft

117 Days on Market

About This Home

As of August 2022

SOLID BRICK 4-FLAT, LOCATED IN THE HEART OF EVERYTHING CHATHAM HAS TO OFFER. LOCATION! LOCATION! EACH UNIT HAS 2 LARGE BEDROOMS, LARGE LIVING ROOM, AND EAT-IN KITCHEN. LONG TERM TENANTS ON LEASE THAT HAVE TURNED INTO MONTH-TO-MONTH TENANTS AND PAY ALL UTILITIES. ROOF REPLACED 3-4 YEARS OLD. THERE ARE 2 VACANCIES THAT HAVE BEEN REMODELED. PROPERTY HAS OPPERTUNITY FOR INCREASED RENTS, AND LIVE FREE AS OWNER OCCUPY. NEWER WINDOWS, PORCH, WROUGHT IRON FENCE. THERE IS ALSO WASHER/DRYER IN BASEMENT, ANOTHER OPPORTUNITY TO GENERATE SOME ADDITIONAL INCOME. *SALE WILL BE AS IS

Last Agent to Sell the Property

Yvette Crisp

Coldwell Banker Realty License #475130368 Listed on: 04/03/2022

Coldwell Banker Realty

Last Buyer's Agent

Ebony Purnell

Coldwell Banker Realty License #475196922

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,630

Year Built

  • Built in 1929

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near park

Community Details

Building Details

  • Electric Expense $450
  • Insurance Expense $2,568
  • Maintenance Expense $7,200
  • Water Sewer Expense $3,596
  • Gross Income $38,400

Additional Features

  • 4 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,630

Year Built

Built in 1929

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Sidewalks
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Gated, Sidewalks, Street Lights

Fee Information

  • Water Sewer Expenses: 3596
  • Trash Expense Year: 0

Lot Info

  • Lot Dimensions: 3968
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 2568
  • ElectricExpense: 450
  • GrossIncome: 38400
  • Maintenance Expense: 7200
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 3630
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $375,000 0.0% $95 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $375,000 0.0% $95 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $375,000 0.0% $95 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $375,000 0.0% $95 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $375,000 -- $95 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,064 $30,000 $2,344 $27,656
2024 $5,064 $30,000 $2,344 $27,656
2023 $4,936 $24,000 $3,906 $20,094
2022 $4,936 $24,000 $3,906 $20,094
2021 $4,826 $23,999 $3,906 $20,093
2020 $3,630 $16,297 $2,812 $13,485
2019 $3,721 $18,520 $2,812 $15,708
2018 $3,658 $18,520 $2,812 $15,708
2017 $4,435 $20,601 $2,500 $18,101
2016 $4,126 $20,601 $2,500 $18,101
2015 $3,775 $20,601 $2,500 $18,101
2014 $3,426 $18,466 $2,187 $16,279
2013 $3,358 $18,466 $2,187 $16,279
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11364277

Midwest Real Estate Data (MRED)

APN: 25032070010000

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